Best VCs for Protocols

Co-Founder & Managing Partner

Union Square Ventures (USV)

Backs 'trusted brands that broaden access to knowledge, capital, and well-being by leveraging networks, platforms, and protocols.' The access thesis is the through-line: every investment should make s

Partner

Placeholder

Crypto valuation frameworks and portfolio theory. Co-creator of Placeholder's crypto thesis.

General Partner

Paradigm

DeFi infrastructure, MEV, protocol economics. Intersection of market microstructure and blockchain design.

Partner

Polychain Capital

ZK proofs, privacy infrastructure, developer tooling. Privacy is a fundamental right and crypto's key unsolved problem.

Partner

Multicoin Capital

Infrastructure, bridges, interoperability. Cross-chain communication and multi-chain future.

Partner

Polychain Capital

Zero-knowledge cryptography, privacy protocols, ZK-rollups.

Investment Associate

Theta Capital

Co-Founder & General Partner

Lattice Fund